Good to know! Once BIP-110 is live all supporters better get back to review SegWit and Taproot before too long!

whilst I support BIP-110. I believe it's treating symptoms and not root cause which is segwit discount. Appreciate you taking a look at our work to raise awareness on the issue.

"If demand for blockspace increases, the protocol is supposed to allow sats to compete for that finite memory. Higher fees are not a bug, they are the market revealing the demand of irreversible memory and the value of the satoshi with respect to 1 current block of time at difficulty D. When we instead manipulate the size of that finite memory surface to suppress fees, we don’t eliminate the cost of demand, we redistribute it throughout the system to the nodes (a tax on the network)."

everything you need to know about Bitcoin today

I've been using mix of Primal and Ditto so it can be why!

Maybe it was created for good reasons but de facto it acts as monetary policy pricing bits at different values so that 1 bit is no longer equal to1 bit within a block. As a result it distorts free and fee market without solving any particular problem other than making it cheaper to do add more data. Cool, happy to join the Discord (though I would really prefer Armada by and ). curious to hear your take.

BIP-110 is a great start, shall we continue with removing witness discount in the next BIP?

Blocksize of 1MB is the ultimate scarcity, same as 21M Bitcoin. Why did we inflate it to 4MB? It's QE, blocksize printing and fiat thinking!

precisely

SegWit allowed to apply 22 tons of mass equivalent over Bitcoin chain. Read: https://artel21.vercel.app/the-075-mb-gap.html #bitcoin #segwit #physics

1 + 1 = 3 where: 1 = bits + = blocks 1 = sats bits = sats sats = bits

The problem with SegWit is 0.75 MB Gap. Effect is the effect. Write a 1 MB inscription, pay for 0.25 MB, externalize the difference to every node on Earth, forever. You can clearly see the effect of this on the graph. More bytes per satoshi committed since 2017. Read: https://artel21.vercel.app/the-075-mb-gap.html "The gap. The writer paid for 0.25 MB. The network stored 1.00 MB. The 0.75 MB in between is uncompensated. It is not paid for by the writer's fee. It is not paid for by the miner's revenue. It is not priced anywhere in the consensus rules, the fee market, the wallet UI, or the block explorer. It is paid for, in storage and bandwidth and validation cost, by every full node operator who has ever run Bitcoin Core, present and future, in perpetuity." #bitcoin #bip110 #segwit

Nice, what is your source of the graph? Need to add to our list

Mempool report on "OP_RETURN Report" is bullshit trying to make it look normal Runes and Bitcoin Core 30. #bitcoin #bip110 https://research.mempool.space/opreturn-report/

A bit of a crazy development here on your statement that something that looks like a prediction within a ledger is actually compression if looked from outside. Did this test with Tarot cards app reading entropy. Q: Is witness discount a cornerstone problem in Bitcoin now? Q: Is 1MB the right choice? Q: Is 4MB the right choice? I got Major Arcana’s in answers so it is telling. It's a very significant question. It's my reading so answers are relevant to me only. It's not strict yes/no and it's up for interpretation of a reader. Feel free explore this method as a way to understand the ledger better. Call me crazy but it tells me your theory works beyond our understanding of reality. #bitcoinlens #tarot

Will simplify language over next few days. The whole idea is that block should have all bytes backed by satoshis. Right now it’s cheap to store data it should be expensive to stimulate high quality L2 solutions and reduce spam simultaneously. Miners will get higher fees if people need to include more data, nodes can favour lean transaction, L2 users would need to care about what they inscribe. Win win win.